Lincoln Road Villas Condo 1 bedroom Condo For Sale
1605 Lenox Ave, Unit 1605-3, Miami Beach, FL 33139

$290,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A12068236
  • Virtual Tour: YES
  • Unit Number:1605-3
  • List Price: $290,000
  • Living Area: 714 Ft² / 66 M²
  • Price Per Foot/Meter: $406 / $4,372
  • Bedrooms:1
  • Full Baths:2
  • Maintenance:$900
  • Taxes:$4,529
  • Year Built:1940
  • Pets Allowed:YES
  • Listing Date:August 10, 2026

Description


Unique Miami Beach condo for sale just steps from Lincoln Road in the gated Lincoln Road Villas. This approximately 720-square-foot, first-floor corner residence offers one bedroom plus den, two full bathrooms, two independent entrances, central A/C and exceptional layout flexibility. Recent improvements include new flooring and impact windows. The updated kitchen features granite countertops, stainless-steel appliances and gas cooking, while both bathrooms offer stone finishes and walk-in showers. The double-entry configuration and two existing bathrooms may allow the property to be reconfigured into a studio and a separate one-bedroom suite—ideal for multigenerational living, owner-and-guest privacy, a home office or a long-term rental strategy, subject to condominium, City of Miami Beach and permitting approval. The condominium reports approximately 15% reserves, and the building’s 40-year recertification has been completed. A rare South Beach real estate opportunity combining Art Deco character, a lush tropical courtyard, gated entry and direct ground-floor access. Offered at $290,000 for a cash purchase. A lease-option is also available at $4,000 per month for 24 months, with $96,000 credited toward the $320,000 option purchase price and a final balloon payment of $224,000. Buyer must independently verify all financial information, approvals, permits, reserves and lease-option terms. In the HOA fee are included insurance w/wind. reserves water sewer and internet.

Features


  • Floor:Hardwood, Wood
  • Interior Feature:BedroomOnMainLevel, FirstFloorEntry
  • Exterior Feature:Fence, SecurityHighImpactDoors

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker